Stop Employee Theft

Some businesses have problems with employee theft that largely relate to inadequate controls. Whether it is office supplies, product inventory, equipment or money, there is the potential for employees stealing. The first step in minimizing employee theft is to hire employees less likely to steal. There is honesty and integrity assessments available that will help uncover potential theft problems with an employee. Doing criminal background checks is another important step in minimizing the hiring of employees with an inclination to steal. However, even employees that have no apparent inclination to stealing can steal when faced with personal financial adversity or a need for financial status. It is important to review all controls in terms of cash management and handling, entry into supply and inventory areas and after hours entry into the office or other areas. If there are inadequate or no controls in place, it is imperative that they be shored up or developed.